movement to demand taxes thousands of people wearing the garment demonstrated outside taipei's the ministry of finance organizers said they were inspired by the success of the recent french protests. a court in austria is set to rule on how much birthplace is fluff that's after the state offer to buy the apartment in the now. for three hundred thousand the current owner is demanding one point five million judges are expected to decide on the issue in january jim is exploring the idea of a so-called mosque tax it would be loosely based on the existing tax which funds catholic and protestant churches. the idea is that levy a charge on practicing muslims here would make german last less dependent on financial support from abroad lawmakers from germany's ruling center left center right coalition once and foreign financing of german mosques like this one to do that they're proposing a so-called mosque tux. he saw that as a city i believe it's important that mosque associations in germany and islam are independent of foreign influence from currently the fact is that most of the money comes from foreign stat

the garment demonstrated five days ministry of finance organize a said they were inspired by the success of the recent french protests. a court in austria is set to rule on how much birthplace. that's off the state offer to buy the apartment in about. three hundred pounds of the current owner is demanding one and a half the judge is expected to decide on the issue in january chile is exploring the idea of a so-called tax it would be loosely based on the existing tax which funds catholic and protestant churches in the country the idea is that levy a charge on practicing muslims here would make german mosques less dependent on financial support from abroad. the central mosque in cologne is the largest in all of germany the mobs in germany come largely from turkey and are paid by the turkish religious organization the d. on it the concept that mosques could be offered an alternative financing by germany appeals to many politicians in the government coalition. he called it a society i believe it's important that mosque associations in germany and islam are independent of foreign influence fr

to demand lower taxes thousands of people wearing the garment demonstrated outside taipei's ministry of finance organizers said they were inspired by the success of the recent french protests. demonstrators in tunisia clashed with the authorities for a third day after a journalist killed himself to protest economic problems in that country several regions were affected the military has been deployed to help police tackle the ongoing violence. and a court in austria is set to rule on how much it was birthplace is worth and south of the state health of the body the apartment involved in for three hundred thousand euros the current owner is demanding one point five million judges are expected to decide the matter in january. yes present all troll doll and his commander in chief bomber jacket for a few hours on wednesday making an unannounced visit for troops stationed in iraq he it and first lady maloney a trump then made a brief stop at the ramstein air base here in germany it was the first time trump had gone in person to a conflict zone where u.s. forces are deployed is more. the reception was

before i tell, there were two or three secretaries of finance were appointed one after another in the r.b.i. governance role, and who retired from the ministrye. one of them was considered one of the best r.b.i. governors we had. so we have a lot of finance ministry administrators moving over to rba governor's -- r.b.i. governors. on thed not give up independence and policymaking for the r.b.i. they wereriction, but that way.icably going these administrators know how to ring with signs to the table -- table.oth sides to the nejra: should be investors be concerned that the government could get some of the things it wants, for example, extracting more capital from the central bank to plug its budget deficit, and also loosening the lending curve to its weakest banks? ashishkumar: i think both events are not connected to the rbis governors role in a way to rid if the r.b.i. has a larger amount of capital than it needs, it would rather give up at some point. this is not a short-term activity. the committee has been formed to decide on what should be the ideal capital that the reserve bank should have, and how much should be returned back to the s

or three two secretaries of finance who retired from the ministry of finance and join the rba. ered one of the best rba governor's we had. was in theson administration. of financea lot ministry administrators moving over to the rba, and although they came from government, they did not give up on the independence and policymaking for the rba. friction were notice there, but they were manage more equitably going in that way. administrators know how to bring both sides to the table. >> should for an investors be more concerned though that the government could get some of the things it wants, for example, extracting more capital from the central bank to plug its budget deficit and loosening curbs on some of the weakest banks? theoth are not connected to rba governor's role. if the rba has a larger amount of capital than it needs, in fact, it would rather want to give up at some point, so this is not a short-term activity. the committee has been formed to decide on what is the ideal capital the reserve bank should have, and how much should be returned back to the government, so it's

but it only met who was the head of the ministry of finance and of course the new france were giving the statement to the press after the meeting he was wishing publicly that france will support such a joint projects as. particular and reports that because of the beacon of all but died in the first project the malo injury that the government of france will provide additional guarantees support for those projects and so on so forth doesn't send a strong enough message to the people at the very top. i don't know i don't know but once again we are concentrating on the real economic projects that unite and the divide countries and those projects. you see if war people of russia people a few are up and the number of projects which we can go even in the coming years is tremendous so my view can you please name a couple or a few i would love to go into the details if you pick any country portugal spain france. show me all the major equipment which is important whether it be new and you will see that there is growing relations between russia and those businesses from those con that is rushin

demonstrators rallied outside the ministry of finance calling for lower tax and fair handling of disputes many say they've received tax bill sent in error or demands for too much money activists say tax collectors often hunt people for payments even after they've lost in court. a bomb explosion in the greek capital has injured two people including a police officer the blast occurred outside of church in athens just before morning service a caretaker was also hurt so far no one has claimed responsibility for the attack. doctors in greece have issued a dire warning about the chaos in some public hospitals they say surgical supplies are running out and operations are being disposed and the health system is also dealing with serious staff shortages john psaropoulos reports now from patra. it takes several pieces of equipment to install an intravenous line in a patient needles taps catheters and rubber gloves must be sterile and discarded after use these are the cheapest of materials for one of the simplest of procedures there are no apparent shortages here at the outpatient clinics of st and

lines from the ministry of finance and china, they are going to be removing export tariffs on 94 itemsuld be some of the first of the list. be removedffs will the first day of next year. there will be lost to curb forced tech transfers -- laws to curb forced tech transfers as well. that is what we have. for breaking news wherever you bloomberg.tictoc by >> you have hourly updated top news reports. jump onto the bloomberg. ♪ >> it is battle of the charts. pitting the best ones against each other. if you are a bloomberg terminal customer, romney function at the theom of years -- run function at the bottom of your screen. all that glitters is not gold. gold is more expensive. metal? this mysterious if pollution is cut down in mines are searching for palladium. investors are asking if it is too late to buy into palladium? supply shortages are projected to continue. >> perhaps there is a bit of a rally. you have? i am bringing in a bit of holiday cheer today. into two asian markets have remained above the watter -- water this year. new zealand is a straightforward story. mostlyck market is

at the ministry of finance in a socialist government and to fume at that time got problems that were coming from where from bill c. so isn't he the specialist the fake news of orienting bates of making sure that you lost the debate within that i probably can't so the worst example is now the fact that blaming moscow is ridiculous what we get we should point out i did hear look at as you well the thing about russia denies involvement in french domestic affairs it leads to the question should investigators be looking for causes closer to home for these supposedly bought strolled what or who might they be. well that they take the fact that there are pro kremlin accounts mine for example program in accounts who are going to be revealing things that are coming from the sputnik from our team and all those sources in moscow but of course i mean but there is a program when parson all the chancellor chancellor course of austria is also a program in bad guy probably i mean this is a ludicrous this is impossible to to come to these extremes again it's nonsense germany to good example and mr mich

the chinese ministry of finance is considering this part of president xi's work on the economy.., it is not that big of a deal because the retaliatory terrorist stand -- tariffs stay in place. this is not an action that is specifically tailored to u.s. goods. this would affect all members of the world trade organization. it is a big deal for china. a step forward. definitely good news for the trump administration and some here who care about lowering tariffs. for the hawks, that may not be enough. caroline: in some ways, it is responding to the tariffs because they are responding to the u.s. soy and having to see new ways to bring in cheaper meals. can you talk to us about the way in which they are responding to the current tariff scenario? jenny: they are trying to find other ways if they can to bring soy in. that is a big part for some in the trump administration who are interested in more chinese purchases of u.s. goods. however this does not address the structural issues that have been laid out in the report on report.ion three this is, like i said, a step forward. it is goo

his predecessor abruptly stripped down. >> he was the economic affairs secretary, part of the ministry of financehe then oversaw one of the moving forces behind modi's demonetization of a program that is still controversial to this day. was it really needed? what did it do to the economy? he has been a member of the finance commission and he was one of the sherpas at the last g20 meeting for india. >> over the weekend revealing china's trade surplus with the u.s. hit a record, $1.6 billion in november, despite overall exports slowing on waning global demand and uncertainty over the trade war. factory gate prices slowed further. consumer inflation saw moderation. does this give you a sense of the trade war or is it a structural slowdown that was already hitting china and that continues to play out? >> i would say that we have traded toward weak demand and effect of the u.s. china trade tensions. in the meantime, china's trade surplus jump in november to $45 billion u.s. dollars. that is on track to shift china's current account balance to a moderate annual surplus from a deficit in the first three

the preemptive policy from the the veryank, and also preservative fiscal alessi from the ministry of financetain stability -- fiscal policy from the ministry of finance, has helped to maintain stability. we are also slightly helped by the decreasing oil prices. yvonne: that was the president, uirector and ceo of bank mandir sitting with sophie kamaruddin in hong kong. lifted or the determination of saudi arabia and russia to manage the market, and also by easing the trade tensions -- trade tensions easing between the u.s. and chinese. let us get our asian energy reporter. opec, discussing extending production curbs. we have been talking about how it is imperative they do so. what do you think that is? put, markets are oversupplied. about 33 just million barrels a day in october, they will only be called on to produce about 31 million barrels a day in the first quarter. some of it will come from venezuela's decline and iran sanctions. but countries like saudi arabia and russia will have to pick up a little of the slack. david: the other big piece of news in opec in the last 24 hours is of qat

be the demonstrators call for changes to tax collection policies outside the ministry of finance many have gotten tax bills sent in error or asking for too much money activists say appeals costs too much and tax collectors sometimes hound them for payments even after court decisions in their favor. an explosion in the greek capital has injured two people including a police officer the blast happened outside a church in athens just before a morning service the officer was investigating reports of a suspicious package a church caretaker was also hurt and taken to hospital nine neither injuries are thought to be life threatening. greek doctors are warning about the chaos in some public hospitals surgical supplies are running out operations are being postponed and there's severe staff shortages johnson reports from the town of patra. it takes several pieces of equipment to install an intravenous line in a patient needles taps catheters and rubber gloves must be sterile and discarded after use these are the cheapest of materials for one of the simplest of procedures there are no apparent s

the ministry of finance said there will also be cuts to export tariffs if the third round of cuts announcedhis year. and aquaman made the weekend's biggest splash at the box office. took in more flick than $67 million in the u.s. and canada through sunday. it read out the mary poppins revival and a transformers prequel. that's your bloomberg business flash update. right now we take a look at the dow, the nasdaq and s&p 500 all down more than 2% today. one of their worst days that we have seen in quite some time adding to a lot of those losses that we saw last week. also seeing some declines in the major commodities. oil down about 4%. this is bloomberg. ♪ romaine: this is bloomberg markets: the close. i'm romaine bostick. bank of america chairman and ceo brian moynihan has been very cost-conscious this year. he spoke with david westin on how he manages to continue to take the cost down and still higher the banker he needs. the bankers he needs. >> there were tensions because nobody had the platform we had to figure out ways to self fund all of this and the reason why as we started on this 5

answer, it is the ministry of finance, japan's largest aro. -- borrow.n: we've got a ways to go but it's almost 2019. always great to see you. jesper koll, wisdom tree, japan. we've got your stories to get your day going. whatever is going on in this edition of daybreak. bloomberg subscribers go to dayb on your terminal, and is also available on the mobile on the bloomberg anywhere app. you can customize your settings so you only get the news you care about. this is bloomberg. ♪ kathleen: this is different asia. i'm kathleen hays in new york. david: i'm david english here in hong kong. the market open has a look at indications, as a reminder of where we are as far as the treasury market. it jumped off point, two-putt 77 -- 2.77 on your 10 year right now. it's a late rally in the treasury market. it's not shaping up to be a hopeful open, amid fear, loathing, of version, abomination of risk returning to markets right now. we did get some data out of japan on, not very compelling, decent as far as industrial production. the jobs data taped up in unempl

guest: what is curious about that economy -- the ministry of finance or the commerce minister said inflation is ok for them. under what circumstances for an emerging market is 1% inflation ok? guest: thailand is interesting because inflation has not picked up. we think a big part is oil driven. we have seen oil plummet since the second half of the year. that's why we saw inflation at the recent meeting come down to below 1%. we think they are going to start increasing rates. we have one penciled in for next week, their first rate hike in many years. for inflation, i think we think inflation is probably going to go up next year. inflation is probably going to average 1.1% this year, 1.2% this year. we are seeing wage growth now, something we did not see in the past. that is what has been keeping inflation down. rishaad: against dollar strength , the best performers have all fallen against the dollar. this is the third best performer. the number one was the yen. there is confidence there, isn't there? guest: the current account surplus for thailand is -- there is confidence from financial mark

have been protesting in taiwan and demanding tax reforms i mean strangers rallied outside the ministry of finance calling for lower taxes and fair handling of disputes many say they've received tax bill sent in error or asking for too much money activists say tax collectors often hound people for payments even after losing in court rescue workers in the endianness state magali are trying to say in the lives of fifteen coal miners trapped for more than two weeks a government is under fire for its slow response to the rescue operation in the northeastern state reports. these rescue workers know the chance of finding the trapped miners alive is slim but they continue their search the teenage miners went into the illegal coal mine in the north east and instead of mughal yon december thirteenth but got trapped soon after when the mines tunnel was flooded by a nearby river they've been without food or drinking water ever since the war that it is not going. to be to put what fun they can if it into playing football but not fast enough prime minister narendra modi's government is being criticized for not

yet demonstrators rallied outside the ministry of finance calling for lower tax and fairer handling of disputes many say they have received tax bill sent an error or asking for too much money activists say tax collectors often hunt people for payments even after losing in court. rescue workers in the indian state. trying to save the lives of fifteen coal miners trapped for more than two weeks the government's under fire for its slow response to the rescue operation in the northeastern states his poll to judge him. these rescue workers know the chance of finding the trapped miners alive is slim but they continue their search the teenage miners went into the legal coal mine in the north east indian state of magali on december thirteenth but got trapped soon after when the mines tunnel was flooded by a nearby river they've been without food or drinking water ever since the war that if it is not going. to be to put a lid on it inefficient to playing football but not fast enough prime minister narendra modi's government is being criticized for not sending in the right equipment on time he w

regulate the hairstyle that women are allowed to have super example liberia a few months ago the ministry of financeaid that any a female employee working there will not be allowed into the building if she has natural hair but i think our regardless of what discussion is going on on social media it is a very big industry the fake industry and it will continue growing in the years to come. to show thank you. we are going to hand you back over to christoph now in the scale of the challenge facing south africa's economy that's right lay low south africa is reeling from the mismanagement of former president jacob zuma current government estimates samus is a muslim led system of corruption and up to her see cost the country up to fifty billion euros money that could have been used to fuel and urgently needed modernization now it's up to the south african army to save crumbling water infrastructure and the national energy company has in poll scheduled power outages to stave off a national blackout. is the factory manager at bottle printed a one hundred fifty person strong industrial plastics and blast pri

from the live pictures ministry of finance. you can follow this on your bloomberg.the lines coming through. talking about the national security situation they are investigating at the moment. what else will they say with regard to trade? the mood music has changed. the high-end's may be victim of the trade war. may be china 2025 delayed by as much as a decade that the final decision has not been made. it seems as if the mood music is improving on trade discussions. are we like a coil spring for good news? >> i think the markets like good news. would said to me where fair value be, i am talking about 2900 point. a heavy uplift. i look at the valuations. that is a number i think is fair. questionhave a focusing on the nikkei. we are asking the question, how much at all will the nikkei advance in 2019? the middle of the trading range. >> i am not seeing a huge range. it comes down to individual companies. in the anglo colony, we are used to them having a crack of the wit. wihip. manus: the other big story we are tracking is banking. deutsche bank, authorities saying to

whether you have natural hair or a natural hair but in liberia for example a few months ago the ministry of financesaid that any woman working at the ministry is not allowed to come to office if she has what they call natural hair but in general they have very few restrictions and i mean the hair industry is a very fast growing industry so it doesn't matter whether they had baits or discussions the industry will continue growing well my hair is still growing and it's all natural leisure you know liz liz show or social media editor thank you so much. turmoil at one of japan's top carmakers terry foreman isn't c.e.o. and chairman col is gone may be released on bail on friday the bid by. a court has thrown out a bit by prosecutors to extend his detention the former c.e.o. has been sitting in a japanese pension center since his arrest in november for alleged financial misconduct he's accused of having under declared his income by some forty four million dollars between twenty ten and twenty and fifty his arrest has raised concerns about the future of the alliance between japan's listen and french. fire

government buildings including the presidential palace that's the russia but they haven't and the ministries of finance and defense as calmness as they may look at even cute sometimes these monkeys can turn aggressive and they are scaring allam and stuff forcing the parties to take action. they have set up home at some of the best addresses in delhi india's government district office stately architecture and great views as well as easy access to tasty snacks and fun entertainment. they snatch food from people's hands and sometimes they even tear up files and documents by climbing in through the windows they respect no hierarchies whether you're a security guard or a government minister you're fair game for these daring red faced rhesus my cat's food isn't safe even inside the premises and they're also fond of snatching cell phones they're monkeying around with cars buildings and even people. indian or thora teams have reached their wits end so they've hired squads of monkey chases to drive the animals away. except there are still quite a few people who like sharing their lunch. stop reading monkeys don

alix: he was at the ministry of finance for a little more than two years. came from corporate. he was chairman of titan industries. this raises the question, central bank independence. that was one of the speculated reasons the central bank governor left. what will the relationship be? this is across the world. david: we have seen it in turkey, argentina, the u.s. from president trump. the stepping down of the prior markets iniled india. there was perception that they were tampering with the independence of the central bank. alix: it looks as though the market was taking it as an idiosyncratic issue. in the markets, s&p futures are up 0.8%. the markets started to move. you have news that potentially china could cave on u.s. auto tariffs. sterling is still up 0.4%. newsuch more that brexit could be priced in? the 10-year yield moving higher three basis points. you have more supply coming online in the next three days. crude is up over 1%. it is due to a weaker dollar and supply issues in libya. ppid: we are going to get data for the month of november. at 10:0

he was the economic affairs secretary, which is part of the ministry of finance from 2015 to 2017. w will be moving forces towards a program which is still controversial. was it needed? nevertheless he has been a member of the finance commission and he was one of the sherpas at the last g20 meeting for india. he has a lot of experience in government. what else do we know about him? put it in the context of his challenge, they want more control over the r.b.i.'s functions. they particularly want help with the budget deficit ahead of the general election next year. this is a very important thing for mr. modi. pushing on the reserve bank of india to loosen curbs on the weakest banks. i think what is interesting is to look at some of his tweets. a lot of scrutiny now. here is a recent one from september 13. macroeconomic -- india's macroeconomic numbers need to be further strengthened. targets will continue to be the main focus. this looks like a perfectly smart and responsible thing for the head of a central bank to say. india's economy was going over 8%, slowdown at 7%. --ll the flash

in a statement today, the ministry of finance said there due tolso be cut tariffs. ossible sale of ingram micro. that is according to a statement made to the shanghai stock exchange. not specify aid buyer, but "the wall street journal" is reporting they hope to sell to apollo management for 7.5 billion dollars. that would include $1.5 billion in debt. little relief over rising u.s. supply and glowing volatility in overshadowingnomy opec's announcement it would deepen output cuts. members of the cartel agreeing to reduce production for another six months. additional curbs could be on the table. that is your bloomberg business flash. alex -- alix, back to you. alix: time for our feature on the future of money, and how the digital world will affect money. our focus is on how consumers are using gift cards as another form of currency. owning me mail -- joining me now head oflackrock marketing. walk us through how much we have seen gift cards grow and how we will see them being spent? >> the gift card market is .rowing at roughly about 2% around the world, does about $350

netanyahu: when i came into the finance ministry, this is just a tip for any of you who want to be israeliinance minister, something i don't recommend, but when i came in, you know, i said, well we're going to do this, do that, you know, make all of these reforms. and the staff at the finance ministry were very able people. they said, mr. minister, you can't do that. i said why not? they said because this reform will get you a three months general strike and that reform will get you a three months general strike and so on. i said, could you say that again? every one of these reforms will get you a three-month general strike. i said, good. we can maximize the number of reforms for strike. [laughter] and that is exactly what we did. we did them in batches. as a result, israel grew after that, basically since then has grown between 4% and 5% a year. i think it'll take us a couple years. we'll catch up to japan in per capita income. did you know that? david: so -- mr. netanyahu: you should invest in israel. [laughter] david: any specific tips? mr. netanyahu: somebody asked me that. right after

the preemptive policy from central-bank and also a very fiscal policy from the ministry of finance has. ish macron about look, there still the possibility and room for appreciation over the rupiah towards year's end. there slightly helped by decreasing oil price because we are importing oil. one of our trade balance issues that. ,ith that kind of environment and oil price maintained at around $60, i think there is a lot of room for the appreciation of the rupiah towards year's end to 14,000. shery: let's talk about wealth management. he tied up with -- to get clients comenesia in singapore and indonesia. how successful have those efforts been so far? kartika: in the past, we are focusing mostly on wealth management. mostly focusing on local wealth. expanding our are self to cap the funds in indonesia. we believe that automatic wealthyion, we have -- indonesians outside indonesia. we are offering funds similar to other banks. we are just starting in the past couple of months. we believe we are able to grow it faster next year once we set up more reasonable things in singapore as our bas

financial ei, the largest telecommunications company in and a financial firm owned by chinese ministry of finance reportedly used various shell sensitiveto give satellite technology from boeing. that technology has potential military applications. although those cases did not , theyly involve espionage point to a broader issue, disinterest in a callous this difference for broader appearance to the rule of law. when it comes to espionage, fbi director ray has said there is no country that is even close to .he people's republic of china general keith alexander called china's estimated gains from economic espionage up to $600 billion, "the greatest transfer f wealth in history." china is believed to be responsible for 50% to 80% of the cross-border theft worldwide. of cyber enabled economic espionage in the united states reports issued this year by the white house office of trade and manufacturing of the u.s. trade representative and by report findings on china's primary role as a cyber attack or an thief of american technology. the national institutes of health announced in august of this year that

huawei, the largest telecommunication company in china in a financial firm owned by china's ministry of finance, reportedly used various shell companies to conceal efforts to get sensitive satellite technology from boeing. that technology, of course, has potential military applications. although those two cases did not strictly involve espionage, they point to a broader issue, that being cold, disinterest to american sanctions enforcement and a callous indifference for broader adherens to the rule of law. when it comes to espionage, fbi director wray has said, quote, there's no country that's even close, end of quote, to the people's republic of china. generale keith alexander called china's estimated gains from economic espionage of up to $600 billion. quote, the greatest transfer of wealth in history, end of quote. china is believed to be responsible for 50 itto 80% of e cross-border intellectual property thefts worldwide. over 90% of cyber enabled economic espionage in the united states reports issued this year by the white house office of trade and manufacturing, the u.s. trade representati

china ministry of finance hopeses move will speed up tariff negotiations with the u.s..ome. somehow she managed to get away and call 9-1-1. >> an ambulance -- a individual attacked by a bear. >> melyda rushed to hospital in pennsylvania, her dog named bear also injured in the bear attack. it is unclear what provoked animal officials say it may have been protecting cubs or attracted to a nearby deer but lucky she got away. your headlines. >> lucky indeed. house minority leader nancy pelosi slamming the president's request for border wall funding saying that he does not know what the american people truely need and want. >> it is really unfortunate that the president has decided that he would shut down government taking full responsibility to let trump shutdown. perhaps he doesn't understand people need their paychecks. maybe that's not the life he leads. >> reacts to social media star and who host brand new show on fox nation our favorite app. it is called -- diamond in silk. [laughter] >> when do you start? >> i already started join fox nation.com go to fox nation.com to

autos as of january first the chinese finance ministry says tariff rates will fall back to the status quo ante of fifteen percent and the suspension of the tariff increase will last for three months meanwhile the ninety day deadline for the u.s. and china to reach a broad agreement on new trade policies a deadline few experts think can be met is march first. and speaking of autos and signs of a slowdown in china the chinese automobile association manufacturers reported on thursday the auto sales in china fell by fourteen percent last month in november compared to the same time last year. and on yet another front of the u.s. china trade battle alcool famously of cooper teet cupertino california says they will update i phone software to address patent infringement complaints from qualcomm on monday qualcomm tired of their chinese court win against apple which resulted in a temporary sales ban on some i phone models as a reported the temporary been notably excludes the newest models the x. s. and x r which were introduced after qualcomm's case was filed apple says their software updates

of u.s. soybeans. the chinese finance ministry says it hopes that china and the u.s.l progress quickly in negotiations to lift all remaining tariffs. >> chinese consumers will soon be ablee to afford cars from the u.s. again. tariffs will also disappear for a numbmber of other u.s. produc. this applies to the first three months of 2019. agriculturalroducts, energy, and automomobiles are among the items the two countries have reached consensus on. thisis is music to the ears o of u.s. soybean farmers. china has been one of the u.s.'s most important agricultural customers. farmers held on to their crops. now traded blossoming again since china started importing soybeans. chinese consumers welcome the move. >> soybeans are one of the most important products that china imports from the u.s.. there is a big domestic demand. reporter: the trade dispute has weighed on china's growth, as the latest figures show. in november, retail and industrial production fell well short of expectations. the new economic cease-fire between the world's two largest economies gives both sides